The CLTV calculation for Calyx & Corolla customers has 3 steps: 1) The net acquisition cost of a new customer is $4.7 based on a catalog cost of $0.40 and average contribution of $22 per order. 2) The discounted net value that each customer brings over 5 years is $60.7 using a 10% discount rate and assuming customers contribute $16 net each year. 3) The CLTV of a customer is $56 by taking the total discounted net value ($60.7) and subtracting the net acquisition cost ($4.7).